Sold
Last Sold Price
18 SW Porter St, Portland, OR 97201
Multi FamilyProperty Type
1886Year Built
1 carParking Spaces

Description

Eye popping 8.45 cap rate! No sign. High performing close in SW triplex across from NUNM. Two BIG 2 bedroom units with 14ft ceilings and period details. One 1 bedroom unit. Big basement with excellent head room, coin-op laundry, storage units, new furnaces, new roof, new exterior paint. Fenced backyard. One off street parking space. Zoned RH. Check with city for development possibilities. Agent is Owner.Eye popping 8.45 cap rate! No sign. High performing close in SW triplex across from NUNM. Two BIG 2 bedroom units with 14ft ceilings and period details. One 1 bedroom unit. Big basement with excellent head room, coin-op laundry, storage units, new furnaces, new roof, new exterior paint. Fenced backyard. One off street parking space. Zoned RH. Check with city for development possibilities. Agent is Owner.
  • Listed by: Lisa Long • High Five Properties
Listing closed: 08/15/2019 12:00 AM • Source: RMLS, MLS#: 19269049

Amenities

  • Basement
  • Common Storage
  • Laundry
  • Parking Included
  • Street Parking

Location

Listing Courtesy of High Five Properties

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Payment Calculator

$3,899 per month

30 year fixed, 6.71% Interest

Principal and Interest

$3,281

Property Taxes

$617

HOA Dues

$0

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Property Information for 18 Southwest Porter Street

Property Details
Building Information
  • Stories: 4
  • Residences: 3
  • Year Built: 1886
Summary
Location and General Information
  • Area: Portland NW/ SW/ S, Raleigh Hills
  • Country: US
  • Directions: W across Ross Island Bridge, N on Water. W on Porter. Opposite National College of Natural Medicine
  • Subdivision: LAIR HILL
Parking
  • Garage Or Parking Spaces: 1
  • Parking Features: Assigned
Taxes and HOA Information
  • FIRPTA Y/N: No
  • Management Name: SEE REMARKS
  • Management Phone: 503-317-4399
  • Tax Year: 2018
  • Tax Deferral YN: No
Virtual Tour
  • Video Virtual Tour 1 Y/N: No
Property
Lot Information
  • Lot Description: Level
  • Zoning: RH
Property and Assessments
  • Water Description: Public
  • Property Condition: Approximately
Utilities
  • Fuel Description: Gas
  • Heating Description: Forced Air
  • Hot Water Description: Gas
  • Sewer Description: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Wood Siding
  • Roof Type: Composition
Interior Features
  • Basement: Full Basement,Storage Space
  • View Y/N: Yes
  • View: City
Multi Family
Multi-Family Information
  • Common Amenities: Laundry
  • Gross Income Actual: $58,200
  • Gross Rent Multiplier: 11
  • Investor Information: Utility Records Available, Leases
  • Net Income Actual: $47,100
  • Occupancy Types: Leased
  • Operating Expenses Actual: $11,100
  • SqFt Approximate Building Total: 4779
  • Storage: Individual Storage Units, Basement
  • Unit Features: Dishwasher, Hardwood Floors, Range, Refrigerator
  • Unit Type Type: 1, 2, 3
Unit 1
  • Unit Type 1 Baths Total: 2
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Features: Dishwasher, Hardwood Floors, Range, Refrigerator
  • Unit Type 1 Rent: $1,750
  • Unit Type 1 SqFt: 1250.0
  • Unit Type 1 Units Total: 1
Unit 2
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Beds Total: 2
  • Unit Type 2 Features: Dishwasher, Hardwood Floors, Range, Refrigerator
  • Unit Type 2 Rent: $1,750
  • Unit Type 2 SqFt: 1100.0
  • Unit Type 2 Units Total: 2
Unit 3
  • Unit Type 3 Baths Total: 1
  • Unit Type 3 Beds Total: 1
  • Unit Type 3 Rent: $1,350
  • Unit Type 3 SqFt: 690.0
  • Unit Type 3 Units Total: 3
Unit 4
  • Unit Type 4 Features: Dishwasher, Hardwood Floors, Range, Refrigerator

Property History for 18 Southwest Porter Street

DateEvent & SourcePriceAppreciation
Aug 9, 2019

Sold (Public Record)

Public Record #650822476

$635,000
DateEvent & SourcePrice
08/09/2019

Sold (Public Record)

Public Record #650822476

$635,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 18 Southwest Porter Street

Taxable ValueLand-Additions-Total-
Tax Record2025$10,950 ($912 / month)
Home Facts
Baths3Total Finished SqFt2,898 SqFtAbove Grade Finished SqFt2,898 SqFtUnfinished Basement SqFt1,683 SqFtStories2Lot Size4,500 SqFtStyleTriplexYear Built1886ZoningRHSCountyMULTNOMAHAPN1S1E10BB 10600Fireplace TypeHas Fireplace

Schools near 18 Southwest Porter Street

This home is within Portland School District 1j.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 5
Rating
School
Distance
Ainsworth Elementary School
PublicK to 5

West Sylvan Middle School
Public6 to 8

Lincoln High School
Public9 to 12

Emerson School
CharterK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of High Five Properties

All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2026 RMLS, Portland, Oregon. Last updated: 08/15/2019 05:36 PM